President Donald Trump on Dec. 17 said that the next chairman of the U.S. Federal Reserve will believe in lower interest rates “by a lot.”
“I’ll soon announce our next chairman of the Federal Reserve,” Trump said during a prime-time address to the nation during which he outlined his national security and economic accomplishments in the first year of his second term in office.
“Someone who believes in lower interest rates by a lot, and mortgage payments will be coming down even further early in the New Year,” he said.
Trump on Nov. 30 said that he had chosen his pick to replace Federal Reserve Chairman Jerome Powell, but declined to identify his nominee….
Next Federal Reserve Chairman Will Believe in Lower Interest Rates ‘By a Lot,’ Says Trump
